Wall Street Eyes Ethereum ETF: After months of skepticism, institutional investors have shown renewed interest as they have surged for 12 consecutive days led by BlackRock.
The Ethereum Breakout is Coming: Despite bearish sentiment towards bearishness towards bearishness and CME, the shrinking of exchange reserves and rising bases suggest a bullish breakout.
Ethereum (ETH), the world’s second largest cryptocurrency, is quietly gaining momentum. Despite facing weeks of integration and repeated rejection at key levels of resistance, the underlying foundation is strengthened. With the surge in ETF influx, the Ethereum ecosystem is flashing signs of renewed confidence. However, there are still major questions. Will it finally break out?
10x Survey: Is Wall Street finally warmed up by ETH?
Is Wall Street really warming up to Ethereum? The truth behind the ETH ETF influx
A year ago, when our enthusiasm for the launch of Ethereum ETFS peaked, we took the opposite bearish.
Wall Street didn’t have a fascinating marketing story to place these products on pic.twitter.com/rmyf6luoaf
– 10x Research (@10x_research) June 5, 2025
In a recent X post, a 10x survey questioned whether Wall Street is beginning to take Ethereum seriously. Last year, the company has maintained a bearish stance about ETH ETFs, citing poor institutional demand and stagnant on-chain activity, citing conditions that dragged ETH from $4,000 to $1,500. But today they acknowledge that the price measures are amazed at the benefits.
Ethereum is now approaching the vertex of a triangle pattern. The result could result in a radical shift or a sudden breakout towards $2,000 or $3,000 that is triggered by large buyers intervening.
The key question they argue is whether Wall Street has finally found a way to sell Etf to long-term investors, similar to how Bitcoin ETFs drew on a massive stream. If so, ETH could be on the brink of a game-changing rally.
Meanwhile, in Vinance, traders are betting heavily on Ethereum once again, as they returned in February before prices fell. Many investors may be using ETFs with wise strategies to earn passive income and stake ETH, but they shorten Ethereum to protect themselves in the event of a price drop. This is a balanced “hedge” approach, similar to the platforms offered by platforms like Ethena.
ETF influx reaches a 12-day winning streak
This confidence was brought about by a consistent capital inflow into the US Spot Ethereum ETF. For 12 consecutive days, the fund has raised a total of $743.8 million in net inflows, according to SosoValue. On Tuesday alone, the inflow reached $1943 million, the second highest since February, with BlackRock’s ETHA leading by $77 million. Since May 11, ETHA has accumulated over 214,000 ETH, suggesting a growing institutional interest.
Meanwhile, Ethereum’s exchange reserves also fell by 450,000 ETH in a week, reaching a low that has not been seen since 2016. This trend refers to long-term accumulation, where investors trade ETH and move to refrigerated storage, a typical bullish signal.
Headwinds still exist…
However, CME and Binance futures data show an increase in short positions, and attention is continued as attention is being paid to reflect bearish sentiment. Meanwhile, ETH continues to face technical rejection with an upward trend.
The road ahead
From Petra upgrades to improved on-chain activity, to Gaming’s massive $425 million ETH purchase, signs of wider adoption are emerging. Like the genius act in the US Senate, legislative advancements could also justify Ethereum further.
With the volatility of price action and investor activity intensifying, Ethereum could be on the next major move, as Wall Street has begun to realize.
